Tag: South Asia: Selective steel demand across key markets limits fresh scrap bookings

Indian mills increasingly relied on domestic scrap supplies Heavy monsoon rains slowed steel market activity across Bangladesh and Pakistan South Asian ferrous scrap markets remained largely subdued on 19 August d-o-d, with weak steel demand, monsoon disruptions and cautious mill buying weighing on activity. India, Pakistan and Bangladesh saw limited import interest, while Turkiye’s deep-sea…